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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT -- Ignore unavailable to you. Want to Upgrade?

To: djane who wrote (2976)	2/16/1999 10:01:00 AM
From: Valueman	Read Replies (1) \| Respond to of 29987

ING Barings sent out a note this morning with a number for a taped demo call on the G* system 408-933-4550 They said it was made before the last launch--not bad for 8 satellites!

To: djane who wrote (2976)	2/16/1999 10:45:00 PM
From: Maurice Winn	Read Replies (5) \| Respond to of 29987

Is Iridium doing okay? There are negative comments which seem to be putting investors off all the satellite systems. That's good. It means Globalstar will get into orbit without too much competition getting overly excited about all the revenue available and new competitors might not go ahead with their projects. Then Globalstar will start up with high quality handsets, excellent voice quality with no delays, and cheap minutes. Demand will be huge and people will be surprised. The stock price will respond accordingly. Here is an extract from what you posted: ----------------------------------------------------------------- Motorola Inc. will make a comeback on the device side, while Iridium LLC will be a disappointment, spurring a shakeup in the mobile satellite phone field. Iridium LLC The company's satellite phone network is an amazing technological achievement. Now, however, it's faced with selling an expensive, mediocre-performing service to businesses that are seeing improved alternatives from conventional wireless networks. ================================================================== Terrestrial networks don't compete with Globalstar or Iridium. They work in harmony - subscribers will use the terrestrial system in town and Globalstar in the sticks. Well, they do compete, but a Globalstar handset will be more saleable if it can mostly be used in the cheaper terrestrial networks. I suppose terrestrial services compete because with widespread terrestrial service, there will be less need for somebody to buy a LEO phone - they'll be able to make do with terrestrial service. But the synergistic effects are more important than the competitive element. With fewer competing LEO networks and Iridium accepting that demand is simply not very good, the field will be left more to Globalstar. Great! Globalstar has the technology and cost leverage to do very well. If competitors take a nap for a year or two, that's fine. If it is true that Iridium is doing poorly, that is no indication that Globalstar will do poorly too - it just means demand will be plentiful rather than berserk. Maurice